Timothy (Tim) E. Gribben was appointed commissioner of the U.S. Department of the Treasury’s Bureau of the Fiscal Service (Fiscal Service) on May 13, 2019. Mr. Gribben provides leadership, policy direction, and guidance for Fiscal Service’s efforts to transform financial management and the delivery of shared services in the federal government and oversees bureau operations.
In FY 2019, Fiscal Service issued more than 1.2 billion federal payments worth $3.7 trillion to more than 100 million people, collected more than $4.26 trillion in federal revenue, and collected $9.65 billion in delinquent debts. The bureau conducted 325 Treasury security auctions to finance the public debt and awarded more than $11.7 trillion in Treasury marketable securities to investors. Fiscal Service manages a daily cash flow of more than $127.4 billion, has government-wide program responsibilities for credit and cash management, and accounts for the federal government’s debt of $22.7 trillion. Fiscal Service produces the daily and monthly Treasury statements, the Monthly Statement of the Public Debt, and the Financial Report of the United States Government.
Prior to his current position, Tim served as the chief financial officer (CFO) and associate administrator for performance management at the Small Business Administration (SBA). Prior to joining SBA, Mr. Gribben was a manager at the U.S. Postal Service. In the private sector, Mr. Gribben spent over five years at a privately-held technology firm as director of a business unit and two years with J.P. Morgan.
As SBA’s CFO and associate administrator, Mr. Gribben was responsible for all aspects of SBA’s financial management (including preparation and submission of the agency’s budget and financial statements), performance management, internal controls, and acquisition.